Steve Wynn's Expensive Breakup

Steve Wynn and pachinko king Kazuo Okada were pals. No more
Illustration by Peter Arkle

Two years ago casino magnate Steve Wynn and Kazuo Okada, who made his fortune supplying equipment to Japan’s huge pachinko industry, appeared to be the best of partners. Okada had invested in Wynn Resorts in 2000, eventually amassing a 20 percent stake and serving as the company’s vice chairman. Wynn had named fancy restaurants at some of his casino hotels Okada.

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